A cold chain monitoring solution helps in tracking perishable products, food items, and eatables with the assured freshness and palatability. The growing demand for temperature-sensitive drugs is one of the prominent factors supporting the growth of the cold chain monitoring market. The market for cold chain monitoring is fragmented in nature with the presence of some of the well-established players operating in the market.
MARKET DYNAMICS
Rising demand for better food quality, increasing demand for temperature sensitive drugs and increasing focus towards improving the supply chain efficiencies are some of the significant factors driving the growth of the cold chain monitoring market. However, the high costs of implementation might limit the growth of the cold chain monitoring market. The growing availability of cold chain logistics in developing countries is creating opportunity in the cold chain monitoring market.
MARKET SCOPE
The "Global Cold chain monitoring Market Analysis to 2028" is a specialized and in-depth study of the cold chain monitoring market with a special focus on the global market trend analysis. The report aims to provide an overview of cold chain monitoring market with detailed market segmentation by offering, temperature, logistics, applications, and geography. The global cold chain monitoring market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cold chain monitoring market players and offers key trends and opportunities in the cold chain monitoring market.
MARKET SEGMENTATION
The global cold chain monitoring market is segmented on the basis of offering, temperature, logistics, and applications. Based on offering, the market is segmented as hardware, software, and services. Based on temperature type, the market is segmented as frozen, chilled. On the basis of logistics the market is segmented as storage and transportation. Based on application, the market is segmented as pharmaceuticals and healthcare, food and beverages, chemicals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global cold chain monitoring market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The cold chain monitoring market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cold chain monitoring market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the cold chain monitoring market in these regions.
MARKET PLAYERS
The reports cover key developments in the cold chain monitoring market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cold chain monitoring market are anticipated to lucrative growth opportunities in the future with the rising demand for cold chain monitoring market. Below mentioned is the list of few companies engaged in the cold chain monitoring market.
The report also includes the profiles of key cold chain monitoring market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- ORBCOMM
- Aeris
- Ambetronics Engineers Pvt.Ltd
- Berlinger & Co. AG
- Hanwell Solutions Ltd
- hIOTron
- Kii Corporation.
- Monnit
- Roambee Corporation
- Sensitech(A Carrier company)
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.